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VIVA Says It’s Ready to Run Fifth Generation Service (5G) in Early 2019
2018-05-30
VIVA Bahrain will be geared up for fifth generation or 5G telecom services by the year-end or early next year when the kingdom’s telecom regulator makes spectrum available, according to the company’s chief executive Ulaiyan Al-Wetaid.
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British International Trade Secretary Seeks Investment Opportunities in Bahrain
2018-05-28
British International Trade Secretary Liam Fox said he is in Bahrain to discuss investment opportunities.
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Bahrain Central Bank's Foreign Assets up in April from 7-Month Low
2018-05-27
Net foreign assets at Bahrain’s central bank, an indication of its ability to defend its currency against any market pressure, rebounded last month after dropping to a seven-month low in March, central bank data showed on Thursday.
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Bahrain Government Seeks Deal with Parliament on New Subsidy System- Reuters
2018-05-27
Bahrain’s cash-strapped government is in talks with parliament on a new subsidy system that would redirect some of the financial aid the government provides to its citizens, officials said.
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Saudi Ambassador Says Trade with Bahrain Reached 3 Billion BD
2018-05-24
Saudi Ambassador to Bahrain Abdullah Al-Sheikh said that trade with Bahrain reached 30 billion SR, which amounts to 3 billion BD, adding that this is “a significant number”.
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NBB Denies Imposing Charges on Cash Withdrawals from Savings and Current Accounts
2018-05-24
The National Bank of Bahrain (NBB) denied imposing charges on cash withdrawals from savings and current accounts for its customers across banks ATM networks.
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Bahrain: Rental Prices Expected to Increase by 20% with VAT Implementation
2018-05-22
Akhbar Al-Khaleej daily said that it anticipates an increase in the rental prices and housing units by 20% once the VAT is implemented.
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Bahrain’s Private Education Market to Hit $700 Million by 2023
2018-05-20
Bahrain’s private K-12 education market valued at $0.4 billion in 2017 is poised to grow to $700 million by 2023, according to a new report.
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Bahrain Spent $1.4 Billion on Armament in 2017
2018-05-19
A report issued by Stockholm International Peace Research Institute (SIPRI), an international institute based in Sweden, showed that Bahrain’s spending on armament reached 4.1% of GDP.
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TRA Collected 17 Million BD Revenues from Companies
2018-05-15
Official statistics showed that the revenues of Telecommunication Regulatory Authority (TRA) collected from telecommunication companies reached 17 million BD.
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Bahrain Development Bank Appoints Indian National Sanjeev Paul as CEO
2018-05-15
Board of Directors of Bahrain Development Bank (BDB) announced appointment of Sanjeev Paul as Chief Executive Officer of BDB Group as of May 15, 2018.
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Bahrain: Foreign Reserves Drops to Lowest Level at Only 533 Mln Dinars
2018-05-15
Bahrain's foreign assets have fallen by 49.2% in March, according to official data from the Central Bank of Bahrain.
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350 Thousand Indians Living in Bahrain, Death Average among Them Higher than that in Qatar
2018-05-14
Statistics revealed that the number of Indians living in Bahrain is 350 thousand versus 325 thousand in the UK.
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Bahrain Chamber of Commerce Introduces System for Holding Committees Accountable and Downsizing
2018-05-11
Bahrain's Chamber of Commerce and Industry reduced the number of its committees from 24 permanent committees to only 10.
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Bahrain: Livestock Company Rules out Shortage of Meat during Ramadan
2018-05-11
Vice President of Bahrain's Livestock Company, Yousuf Al-Saleh, has ruled out a shortage of meat during Ramadan.
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Jaffaria Endowment Allocates 20 Million BD to Invest in 50 Real Estates Projects
2018-05-07
Head of Jaffaira Endowments (Waqf) Sheikh Mohsen Al-Asfour said that the endowments is studying opportunities of investment in 50 real estate projects within the coming period, indicating that the allocated budget reached 20 million BD.
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Bahrain Needs to Rise Price of Oil Barrel to $116 to Reach Equilibrium Point
2018-05-05
The International Monetary Fund predicted that the Bahraini economy will grow to $40 billion in 2019 with an estimated annual growth of 3% this year and 2% in gross domestic product next year.
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Bahrain Needs to Accelerate Budget Reforms to Sustain Economy –IMF official
2018-05-03
Bahrain needs to accelerate reforms to its state budget to reach a deficit level that would make its finances sustainable over the medium term, an International Monetary Fund official said.
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Thai Ambassador: 35 Thousand Bahrainis Visited Thailand Last Year
2018-04-30
Thai Ambassador to Bahrain Thanis Na Songkhla said on Sunday (April 29, 2018) that 35 thousand Bahrainis visited Thailand last year.
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Alba Says It Achieved BD 33.9 Million Profit in First Quarter
2018-04-30
Bahrain Aluminum Company (Alba) reported a net gain of BD 33.9 million in the first quarter of 2018 compared to BD 25.6 million during the same period in 2017, an increase of 32% year-over-year.